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How time flies! I had forgotten about this forum until I was checking my bookmarks. PagePlus X5 was released nearly a year ago now, on 18th October 2010, so it might not be too long before the next version is out. The release cycle is about 15 to 18 months so look out for PagePlus X6 in time for Christmas.
PagePlus X5 did add support for OpenType features, and the implementation is excellent. A text-editing context toolbar gives quick access to commonly used features. If you have Vista then you have some nice OpenType fonts and Windows 7 adds a few more. You can find some nice free OpenType fonts on my web site.
Besides OpenType Feature support, PagePlus X5 add supports for Cross-references, Variables, Word Count, Mixed Page Numbers in the same publication, Mixed Page Orientation, Powerful Page imposition via the Print Preview dialogue, Autocorrect Improvements, Multi-level Image Loading to speed up handling of large images, Gradient fills for Line, Improved PDF Output, Object Management in the layers tab, Editing of Masterpage Objects and promotion of them to the page, Import User Settings from previous version, and Improved Colour Management.